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Deputy finance minister: Not the right time to impose capital gains tax on disposal of shares

KUALA LUMPUR, April 3 — The government does not consider it suitable to impose capital gains tax on the disposal of shares of listed companies at this time, said Deputy Finance...

Kuala-lumpur , Malaysia , Labuan , Hui-ying , Dewan-negara , Deputy-finance-minister-lim-hui , Income-tax-bill , Labuan-business-activity-tax-bill , Income-tax-act , Labuan-business-activity-tax , Labuan-business-activity-tax-act

Not the right time to impose CGT on disposal of shares

KUALA LUMPUR: The government does not consider it suitable to impose capital gains tax on the disposal of shares of listed companies at this time, sai...

Labuan , Malaysia , Kuala-lumpur , Dewan-negara , Hui-ying , Deputy-finance-minister-lim-hui-ying , Income-tax-bill , Labuan-business-activity-tax-bill , Income-tax-act , Labuan-business-activity-tax , Labuan-business-activity-tax-act

IRB: Effective April 1, Bill Number as payment reference for Labuan Business Activity Tax

PUTRAJAYA: Effective April 1, 2024, Labuan entities can utilise the Bill Number as their payment reference when paying the Labuan Business Activity Ta...

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Dewan Rakyat passes Money Services Business (Amendment) Bill 2024

Dewan Rakyat passes Money Services Business (Amendment) Bill 2024
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Labuan , Malaysia , Petaling , Malaysia-general- , Hui-ying , Dewan-rakyat , Money-services-business , Google , Money-services-business-amendment , Lim-hui , Money-services-business-act , Income-tax

BERNAMA - DEWAN RAKYAT PASSES INCOME TAX, LABUAN BUSINESS ACTIVITY TAX (AMENDMENT) BILLS 2024

BERNAMA - DEWAN RAKYAT PASSES INCOME TAX, LABUAN BUSINESS ACTIVITY TAX (AMENDMENT) BILLS 2024
bernama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bernama.com Daily Mail and Mail on Sunday newspapers.

Kuching , Sarawak , Malaysia , Labuan , Johor-bahru , Johor , Kuala-lumpur , Kota-kinabalu , Sabah , Hui-ying , Amir-hamzah-azizan , Dewan-rakyat

Broadband access plan, subsidised goods among focus of Dewan Rakyat today

KUALA LUMPUR: The alternative action plan to improve broadband access in rural areas, and the assurance of the government for subsidised essential goods to return to normal level are among the focus of Dewan Rakyat on Monday (March 25).

Kuala-lumpur , Malaysia , Labuan , Ermieyati-samsudin-pn-masjid-tanah , Edwin-anak-banta-gps-selangau-to-communications , Dewan-rakyat , Order-paper , Edwin-anak-banta , Communications-minister , Datuk-mas-ermieyati-samsudin , Masjid-tanah

BERNAMA - BROADBAND ACCESS PLAN, SUBSIDISED GOODS AMONG FOCUS OF DEWAN RAKYAT TODAY

BERNAMA - BROADBAND ACCESS PLAN, SUBSIDISED GOODS AMONG FOCUS OF DEWAN RAKYAT TODAY
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USO launches largest serviced office space in Labuan's FPC | Daily Express Online

Universal Serviced Office (USO) launched its largest serviced office space in Labuan, offering 161 fully equipped seats, commonly known as “hot desks” and occupying 9,174 square feet (sq ft) on the 16th floor of the Financial Park Complex’s main office tower. Besides the “hot desks,” USO is also offering 59 office units

Labuan , Malaysia , Hesham-mansour , Datuk-iskandar-mohd-nuli , Labuan-financial-services-authority , Labuan-member-of-parliament-datuk-rozman-isli , Parliament-datuk-rozman-isli , Deputy-director-general , Regional-manager , Universal-serviced-offices , Imelda-thadeus

Amendments To Requirements For Labuan Business Activity Gazetted - Corporate/Commercial Law


The 
Labuan Business Activity Tax (Requirements for Labuan Business
Activity) Regulations 2018 ("the
Principal Regulations") set out the requirements relating to
the minimum amount of annual operating expenditure in Labuan and
the minimum number of full time employees in Labuan that have to be
fulfilled by a Labuan entity in order to be subject to a tax rate
of 3% for a Labuan trading activity
1 or 0% for a
Labuan non-trading activity
2 under the Labuan
Business Activity Tax Act 1990 ("the Act").
If a Labuan entity does not fulfil the minimum operating
expenditure or employment requirements specified in the Principal
Regulations for a basis period for a year of assessment, it will be

Trading-company , Labuan-international-commodity , Holding-company , Group-companies , Labuan-companies , Business-activity-tax , Labuan-business , Business-activity-tax-act , Amendment-regulations , Principal-regulations , Labuan-companies-act